Indian independent power producer (IPP) Ayana Renewable Power has signed a power purchase agreement (PPA) with metallurgical company Hindalco to supply 100MW of round-the-clock (RTC) renewables.
Continuing a downward trend of capacity additions, India has added 1.7GW of solar capacity in the second quarter of 2023, according to consultancy Mercom India Research.
India has surpassed 70GW of installed solar capacity as of the 30th June this year, according to the country’s government. It initially had a target of 100GW capacity by 2022.
